The altcoin market is filled with excitement right now. Those very speculative recent signs point to a sea change in the Securities and Exchange Commission’s (SEC) stance on regulating cryptocurrency. This seemingly newfound chill activity has apparently ignited indispensable discussions of a boomlet in alternative coins. Now, investors and enthusiasts...
The SEC blinked. And let’s face it—the reason is pretty simple. The agency’s prior approach to crypto, under the direction of Gensler, painted the agency’s regulatory scope so far that it simply could not land a punch. They were clearly out of touch with the technological realities unfolding before them,...
In short, the U.S. Securities and Exchange Commission (SEC) appears to be laying the groundwork for a new, more contentious approach to decentralized finance (DeFi). On June 9th, the agency held the bizarrely named roundtable “DeFi and the American Spirit.” SEC Chairman Paul Atkins just yesterday offered up the thrilling,...
Okay, folks, let's be real. For years, the SEC and crypto have had the kind of love-hate relationship you might find in a terrible rom-com. Picture this as American Gothic with Brad and Angelina replaced with Gary Gensler glowering at a Bored Ape. Remember how much fun they had making...
The SEC’s sudden love for DeFi seems…off, right? Similar to learning your deeply anti-tech uncle just purchased a Bored Ape. For a peek into the Chairman’s optimism, take a look at Chairman Atkins’ upcoming roundtable on “DeFi and the American Spirit.” As builders on Layer 1s ourselves, we should—and do—have...
The Securities and Exchange Commission (SEC) appears to be having a change of heart on DeFi. Under new leadership of Chairman Paul Atkins, the SEC is seriously looking into an “innovation exemption” policy. This policy change would enable DeFi actors to bring on-chain innovations to market with reduced regulatory scrutiny....
Okay, folks, let's be real. The SEC and DeFi … 2 It’s as amusing as watching your grandpa download TikTok. You roll your eyes, you roll with laughter and most of all you are not looking for the Big Idea. So, when I heard about this "innovation exemption" for DeFi…...
U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins has been pushing the Commission to adopt these new rules. In particular, he seeks to exclude decentralized finance (DeFi) platforms from certain regulatory impediments. Atkins has directed SEC staff to look into creating some sort of “innovation exemption.” It would allow...
The SEC’s dalliance with an “innovation exemption” for DeFi is akin to seeing a toddler walk for the first time. Exciting, promising, but terrifyingly prone to face-planting. When you do, you’ll unlock an immense new wave of innovation. Please reduce red tape. By cutting unnecessary red tape, you’ll help DeFi...
So, the UK wants to be a crypto hub, huh? Bless their heart. They're rolling out the regulatory red carpet, aiming for a digital asset El Dorado. Let's be real, the way they're going about it, it feels less like building a safe harbor and more like constructing a highly...
